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Search Results 0 to 13 of about 14 (some duplicates have been removed)
coastal comeback. a look at the ambitious plan to buy homes destroyed by superstorm sandy. in today's cover story: after spending millions on super bowl ads, what is the corporate payoff? mark your calendars: the magic day to book a flight to snag the best deal. and, are investment clubs facing extinction? plus, getting down to business with sharon osbourne. what she's learned about finance from managing a rock star. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning everybody! it's tuesday, february 5th. i'm angela miles, and we hope you like our new look! topping our show today... dow 14,000: gone but not forgotten. traders & investors focused on selling stocks monday, causing the dow to pull back. the nasdaq and s&p 500 also fell along with commodities. the market was fretting over political scandal in spain and economic instabilitly in italy. yum! brands, the owner of kfc, pizza hut and taco bell, posted better-than-expected earnings by a penny, but revealed sales are slipping in china. reports say boei
blow to areas of the east coast still recovering from superstorm sandy. >> hurricane sandy cost the economy a $100 billion and the recovery efforts are still going on. so, it could delay some rebuilding activity... activity >> reporter: in new york city and elsewhere, preparations are being made for clean-up. >> we have more than 250,000 tons of salt on hand. >> reporter: according to the long island power authority, the storm has the potential to cause power outages for 100,000 customers on long island. and for the first time ever, lipa is deferring storm operations and response to its subcontractor, national grid. but in manhattan today, it was mostly business as usual, although many workers did try to leave early to beat the snow. and if the snowfall is anywhere close to the storm of '78, you'll see the impact in economic data in the weeks ahead. >> usually major storms cause increased volatility in economic data. so, that jobless claims jump significantly in the beginning as government offices close, because of the storm. and they surge back up after the offices reopened. >>
of storm. i say emotional because in this area we are still recovering from superstorm sandy. the same kind of things in this situation now people have had to go out, stock up on supplies, getting food, getting gas, et cetera, preparing for the worst and economic impact we could see a boost from that stocking up. at the same time, if we have a white out tomorrow, it will probably balance out, according to economists. sue and tyler, back over to you. >> thank you very much, jackie. so who will be the sector winners and losers from this big storm? let's bring in the weather channel's paul walsh. he is taking a look at some of the retailers. paul? >> yep. hey, tyler, how are you? >> what areas do you think would be the winners in this, in terms of retail? >> you know, there's been this interesting conversion in increasing or increasing ability to predict these kind of storms so we have been talking about the storm since tuesday. and when you overlay with that the new media channels that we have, it provides a voice to consumers in the area impacted that hasn't been there before. what that mean
of one but allison, you're mentioning four. it appears people learned lessens following superstorm sandy and heeding the warnings. traffic bans were in place. police in new york mentioned there were hundreds of cars stuck on the long island expressway. people really thinking back to the blizzard of '78 when the last travel plan was in place in boston. residents have been getting hit hard and they're trying to keep up with the snowfall. let's take a listen. >> this is the second time i've been out. i only got this little snowblower. i need a plow. >> reporter: over 600,000 power outages around massachusetts and rhode island. outages are not as bad in new york and new jersey, connecticut. there's about 39,000 there. the airports in new york and boston, hartford, those are all closed. we're learning nuclear is trying to get -- newark is trying to get that airport open and get people in the air to their destinations. one good thing about this, we haven't seen kids yet because it's early, but it's a nice snow day for folks. it's nice it happened on the weekend, because there would have been m
is at risk. half the north polar ice cap has disappeared. look at superstorm sandy here. look at the 60% of the u.s. in drought. last year the hottest year in u.s. history. we have to stop this. we have to arrest it. >> the single biggest reason for the decline of co2 emissions in the united states or the decline in the rate of increase has been the substitution of natural gas and sort of coal. because of fracking, natural gas has become cheap enough that we're replacing coal. in fact, we are now doing better than the european union in terms of meeting targets. i've heard you on the subject and it feels to me like you're still very -- you're on the fence on the issue of fracking. shouldn't you be more fully in favor of it with regulations and with protections because it is almost everywhere replacing coal and that is a big net plus in terms of co2 emissions. >> we have to be careful in measuring the global warming impact of the strategies that we choose. if you look at the latest satellite pictures of north america, there's a new ball of light as large as chicago in rural north dakota.
the northeast just months after superstorm sandy? say it isn't sew. the latest forecast is coming up. first as we do every day this time of day let's look how oil is trading. it is down a little bit. $95.94 a barrel. we'll be right back. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident kills 99.99% of odor causing bacteria and helps dissolve stains. that's why i recommend polident. [ male announc ] cleaner, fresher, brighter every day. tracy: the nation's largest and longest running auto show kicks off today in chicago. our very own jeff flock is there because he always gets the best assignments with the president and ceo of chrysler. hey, jeff. >> what i didn't report to you he is also the president, as many people at chrysler are they have multiple hats. he used to have three. only has two. president and ceo of chrysler and the other brand. >> correct. >> you're like everyone at chrysler working very hard? >> we try to do our best keeping ourselves busy. >> what i'm seeing here various chrysler 300 ve
following superstorm sandy along the coastline. guys, fema also getting involved, monitoring the storm from washington, d.c. but telling locals to please heed the warnings throughout the northeast. back to you. tracy: anna kooiman, you heed the warnings as well. stay warm, girl. >> heading inside. ashley: run. anna, thank you very much. it is quarter past. time to check the markets as we do always with nicole petallides on the floor of the new york stock exchange. tech stocks driving gains we're seeing today. >> as you know, tech stocks we talk about the tech-heavy nasdaq right? the nasdaq composite is up 1% versus the other indices. aol, talk about aol. their shares are surging on the heels of their earnings we've been seeing. when you talk about advertising revenue growth, that certainly has been stellar for aol. they also have the 100 million dollar buyback program. here it is, up 7%, to 33.60. up $2.19. ceo as i noted earlier will be on with liz claman in the 3:00 p.m. show. tim armstrong. linkedin, another name on the move. all-time highs. when you talk about the ipo, remember the ipo
Search Results 0 to 13 of about 14 (some duplicates have been removed)